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platform. "the new york post" cover that has the paper in hot water this morning. >> plus we have the 911 tapes and the alleged murder/suicide involving kansas city chiefs play er javon belcher. >>> and there's no plan to keep us from going over the fiscal cliff. broken record, broken record. i'm christine romans in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted
, and tonight, juju chang in new york city, this is "nightline," december 12th, 2012. >>> good evening to you. i'm juju chang. tonight, a baffling portrait is emerging of that mass shooter in oregon who opened fire on a crowd shopping for some holiday cheer. this year, there's been a disturbing number of mass shootings, and investigators say while copycats may be inspired, each shooter has a distinct and chilling back story. we interviewed the 22-year-old's ex-girlfriend, who calls it mind boggling. >> reporter: chaos amidst the christmas mall rush. lines of shoppers, even children could be seen streaming out with their hands up while a gunman was still inside, announcing from behind a mask, "i am the shooter." a day later, a view of the suspect is now coming into focus. police say 22-year-old jacob tyler roberts was the masked gunman, a young man with no history of serious trouble, who allegedly stole an assault rifle from an acquaintance and set off alone on a deadly rampage. >> we do not understand the motive of this attack, except to say that there's no apparent relationship between the susp
of companies, foreign companies listing in new york is down. people don't want to list new york with all this uncertainty and regulations. ipos are down, small business start-ups are down. so the president needs to level with the american people a tremendously insurmountable entitlement problem unless we do something structural. that is what he should be doing, and that is what it's all about. right now it's all about taxes. gerri: no one is doing that right now. a last word here. everybody wants to have something bigger done. it doesn't seem possible right now. do you think ultimately congress and the white house will find some common ground? >> i think they will. they always do. again, one of our other guests has talked to me about that churchill "which is america has this inevitable way of doing the right thing. how this we will do something right. gerri: very good point. thank you so much. thank you for coming on tonight. appreciate your time. have a great holiday. still to come, reaction to the takeover of the nyse, and a huge highest involving one of the world's most valuable commo
. my partner sue at the new york stock exchange. my partner sue with big interviewes this hour. >> that's right, ty. i spent the afternoon at blackrock's trading room and i got their outlooks for 2013. you will see it first here on cnbc. >>> here are investment take aways. fixed income. they feel there is danger in what many people consider a safe play. commodities, they have a long view there in many of those sectors. equities is kind of a global shorg an board, if you will. but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean t
as the holiday season approaches, there are many families in new york and new jersey in homes without power because of superstorm sandy. while the president found time to once again go golfing over the weekend with his pal bill clinton, he may want to sit down with his emergency management team and find a way to help the people in new york and new jersey. there are many out there who think they've been forgotten by the government, and many of them have been speaking out at town hall events like this one. take a look. >> the next storm that hits, everybody is going to be vulnerable. there is no sea wall. there's no burm. there's no protection from the ocean. >> what is the long term plan because people are living in tents and in hospitals and hospitals. that's not a long term plan. that is a short-term plan. >> a hundred percent of the homeowners do not want to rebuild. never want to go through this kind of trauma again. >> we need money to rebuild. i cannot pay my bills. i need money to rebuild to pay the contractor. he's not taking the blanket or the shoes. >> we'll continue more with patr
he made racial comments about jeremy lin, the new york knicks and now houston rockets basketball player who is asian-american. when he he starts to talk about you in these terms, you know, this is in line with ma marginalizing what you had to say which was a totally legitimate comment about the white establishment going into lower numbers because of the rise in terms of blacks and hispanics. now he wants to make you out to be master of some big house. how ridiculous. let me tell you something. if he's asked to be on your show, the most popular show on cable tv, he should have regarded it as an honor and opportunity to have platform to speak out as a free black man. he's somehow twisted this in an attempt to make it racial, to make you into a bad guy, and that is an attack on honest debate in this country. i have written a book about it. they're trying to put a muzzlele on you, bill. they want muzzles on me when i say i'm in favor of school reform. this is madness. >> how do you see it? >> it's hateful and nasty and often the people who claim to be as open minded and tolerant amon
to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especially for workers that the ipad doesn't, one of the things off the bat you'll notice this has a smart cover, sort of like the ipad, but this one has a deboard built in and you see on the back, this little kick stand in the design, lets you prop it it up. lets you use it as a mini laptop. stuart: do you g
in california, then you have a 13% state tax and new york you have a 9% state tax and you have a 3.5% city tax now you are up to 54% and you haven't paid fica or social security, no property taxes, you have been paid sales taxes or hidden taxes, so in the end in big states, people will be paying 60 -- a minimum of 60 cents of every dollar they make to the government. and i ask you, after every american is finished paying their fair share, how much of every dollar should they be allowed to keep, juan? and i want a direct answer. don't dodge, don't duck. what is fair? >> i don't duck. i always am straight with you, sean because i think you deserve an honest answer. number one, we are talking about federal taxation. if you want to have a argument with your county or city government, new york city and westchester county or long island go have it. >> you are not answering. >> but if you are talking about federal tax, right i'm saying to you i between between 35 and 39 is totally good. >> but that's not addressing it. wait a second. this is not a small issue. after somebody pace their federal, their
in the hospital since last metropolitan. >>> the former new york city mayor ed koch after being real l released from the hospital. he was treated for pneumonia and flu since last week. he told supporters he planned to stop by his office and read at home. the former mayor celebrates his 88th birthday on wednesday. i'm shepard smith. this is the fox report. >>> it's the bottom of the hour, time for the top of the news and north korea. the north koreans say they have to delay their latest rocket launch because of what one official calls technical problems. really. the north koreans originally gave themselves a two-week launch window starting today. now they say they're extending that window by another week. analysts say the north's last rocket launch attempt in april was very much a dud. one expert says this launch is a success or if it is, it would mean the north could be two to three years away from having a missile that could hit the united states. doug mcelway on the top stories and live tonight from washington. i guess that's why world leaders are keeping such a close eye on this launch. >> r
f and bill weir in new york city, this is "nightline," december 7th, 2012. >> good evening, i'm terry moran. it started with two radio djs and a lighthearted prank call to the london hospital where the pregnant duchess kate was recovering from acute sickness. but today, that joke took an unexpected turn, when the nurse who picked up the call was found dead. abc's david wright brings us this look at the dark side of practical jokes. >> hello, good morning. >> oh, hello there. could i please speak to kate, please, my granddaughter. >> oh, yes, just hold on. >> reporter: as this prank phone call by two australian djs went viral around the world. >> if this has worked, it's the easiest prank call we've ever made. >> reporter: one can only imagine that the nurse that put the call through must have been mortified. >> it is with deep sadness that i can confirm the tragic death of a member of our nursing staff, jacintha saldanha. everyone is shocked by the loss of a much-loved and valued colleague. >> reporter: today, the duke and duchess of cambridge echoed that sentiment. their royal highnesses w
for the amtrak program that's never been done. what is going on here? the people in new york who are still suffering need direct assistance. none of this is direct assistance. >> hello, larry. of course what's going on is business as usual here in washington. listen, i think there's bipartisan support to realize that this is emergency. we want to get money flowing to the people that need it. but let's get some information. let's not create a christmas tree here and load it up with all kinds of different ornaments. let's take a look at what the true need is, short term and then longer term. and let's do this in a measured fashion. so from my standpoint, i think it makes an awful lot of sense. we've got nine months left till fiscal year 2013. that's kind of the line of demarcation. we should be looking at what needs to be appropriated for the rest of fiscal year 2013. and then, you know, how about we pass a budget for fiscal year 2014 where we can consider the rest of the spending in a proper format where we're actually getting the information on how this thing really should be spent. >> i'm
at the economy, the looming fiscal cliff. my partner, tyler mathisen kicks it off for us at the new york stock exchange. >> thank you very much. it is a quiet day down here at the new york stock exchange where the major averages are not really doing very much at this hour. let's take a look. the industrials are down 7 2/3 points at 13,163. nasdaq a little bit lower also in percentage terms. also a percentage at 29891.48. 2 3/4 right now at 1416.74. it would appear the markets are watchfully waiting to see what comes out of washington, if anything. of course, mr. boehner has gone back to his home in ohio for the weekend. the president is on duty at the white house. there are phones, as mr. boehner said, in southern ohio where he lives. if there are any developments, the two gentlemen certainly will be able to get in touch with one another. meantime, there are some individual stock stories of interest at this hour. and one of them concerns facebook. be a facebook lockup expires today and 150 million shares will open up on the market. the last time we had a lockup expiration many expected to see
early this morning. that bralanedwars acquired by the new york jets had a ham string. >> steve: joel is america's biggest jet's fan. >> gretchen: that is insider information. >> brian: he had a bounce in the step. >> gretchen: luckily i know who that is. should we kick off the show with headlines. we now know the identity of the shooter in the mall . he had no history of trouble but his ex-girlfriend said he quit his job in the derks li and sold all of his belongings and bought a ticket to hawaii. >> she wishes to express shock and grief the events in the shopping she has no explanation or understanding of her son's behavior. >> ros killed a 54 year old nurse and 45 year old father of two, steven forsyth. a 15 year old was seriously injured . robertson took his own life. late last night john fee -- macfee arrived in the united states. >> this morning i was in jail and today here i am. i am not worried at all. if i am in front of a court they will not send me back. they have no evidence . >> gretchen: macfee is wanted in the country of bealize for the murder of his neighbor. we'll hea
-kahn has settled a civil suit filed by a new york city hotel maid accuwho accused him various items. criminal charges against him were dropped. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but the daily mail says katherine may not be well enough to go. >> if he skips the hobbit for her, that is true love. i'll be impressed. >> thank you. 17 minutes past the hour. time for early reads, local news making national headlines. we're starting with the charlotte news and observer in north carolina where a federal judge ruled the state cannot issue choose life license plates without offering ones with different view points. he called it viewpoint discrimination and violation of
. it is back to the floor of the new york stock exchange. nicole petallides, you know, we've got the fiscal cliff negotiations and big jobs numbers due out toward the end of the week, nicole. i wonder if investors are in kind of a wait and see mode here? >> absolutely. the jobs number is at the end of the week, right? is arguably the most important economic indicator. a lot of folks are very concerned about the economy with very moderate growth that we've seen at best. unemployment still remains really very high and so that is something that still sits on the minds of investors. i wanted to also talk about the fiscal cliff and how a lot of companies are speeding up those dividend payouts like oracle and carnival cruise and weight watchers and ethan allen just to name a few. it is easily over 110 companies have done just exactly that, accelerated the dividend payouts to be at the end of the december rather than early january. in which case you might be more susceptible to higher tax rate. these are some of the names. coach. diner shoe warehouse and larry ellison with his company. oracle's el
going to open $9 lower than yesterday. and nicole is on the floor of the new york stock exchange, and tell me, is anybody down there talking about apple at this price as a buying opportunity? >> 100%, everybody is talking about apple. when i'm talking to traders what they're seeing with apple when i talk to mark newton, and he says the momentum is lower and next couple of days, two, three days probably lower, but then that's a buying opportunity. what what he said. he saw it as a buying opportunity. the highs were above $700 in september. stuart: yeah, september the 21st at 7:05. this morning, pre-market 520 now, down another $9 from yesterday's close. we'll have you back at opening bell. thank you very much. remember this controversial video we showed it to you yesterday from the california teachers union. it's a cartoon about the tax the rich debate and shows a rich person urinating on poor people, unbelievable. ed asner did the voice for it and he doesn't seem remorseful. watch this. >> remember the video? >> i don't remember a thing i said on t or a word i said on it. i agre
, and for a 30-day free trial, go to axiron.com. >> shepard: big break here in new york city where police say they've found the car that a killer used to make his escape after shooting a man in the head. that shooting happened broad daylight monday afternoon right near central park in carnegie hall. police say surveillance video shows the gunman getting out of his car to wait for his target, a man named brandon wood d has rd. he was visiting from los angeles and minutes later, the killer walked right up to the man on the right here, and put a bullet in his head. police say they don't yet know the motive for this murder. while they located the get away car across the river in queens, the killer is still on the loose. >>> most americans say our leaders will keep us from falling off the fiscal cliff 20 days from now. that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last
rafferty. now, back to "the fox files." >>> we are here in grand central terminal in new york city. every day, 700,000 people pass through here which means that superdogs like holland have a very important job to do especially in a post 9/11 world. here is what it takes to become a four legged hero he. ♪ ♪ >> before they could do this, they all start out like this. fox files cameras got a first-hand look at the department of defense military working dog program at lackland air force base where puppies learn to become warriors. spread across nearly 9,000-acres in san antonio, texas, the base is home to the 341st training squadron. >> the purpose is to procure, train and produce handlers and dogs. >> casey stevens is chief of the dog training school at lackland. >> i love to see them evolve from knowing nothing to being able to do everything that they do overseas and in law enforcement. we say zero to hero in 120 days. >> the wags arrive for training. >> the four legged heros have a long and storied his tore arery of serving on the battlefield. during world war ii the military officiall
state is bankrupt. >> and things are perfect in new york because we always -- >> bill: i want you to call obama and bainer and get this deal done. they'll take dobbs' call. they don't take my call. directly ahead, the parents of the marine in prison to mexico on bogus charges will tell us about their struggle. then john stossel, what do you think the government should do about guns? stossel a libertarian and we're coming right back >> bill: factor follow-up segment. as we have been reporting, jon hamm it is mar, iraqi and afghan vet has been in a mexican prison since august on bogus gun charges. with christmas just a week away, we are respectfully asking the mexican government to release him on humanitarian grounds. >> this is a 27-year-old marine in a mexican prison. his family is urging the administration to do something about it. >> we don't know all the facts of the case and inn what he did, but his family is asking the white house to look into it. is there anything going on to ascertain the facts to see whether he's innocent or not, 'cause again, we don't know what really hap
of daylight. that's the forecast for today as we get toward new york. high around 43 degrees. buffalo up to around 38. boston, high of 40. into the midwest, we're warming up a little bit here around chicago. we've got temperatures working into the 40s today. 51 in st. louis. 38 in minneapolis. that's going to feel nice after a couple of days in the teens. here's the preview for the next storm. this arrives for saturday. mostly rain. snow across minnesota. northern wisconsin doesn't look like a major event. but for some of the ski areas, new york state up into new england, sunday, this could be a good-looking forecast. maybe some snow here. looks like rain down the city toward washington, d.c. too warm for snow out of this one. stay tuned. next wednesday, guys, could be talking about a nor'easter, it's been a while since we've seen one of those. >> oh, no. >> just want snow. it's not -- correct me if i'm wrong because i've been wrong, it's not winter yet, is it? i'm afraid to say how many days it is because i'll mess up the math. it's not winter yet. we -- >> it's technical. in weather wo
of weapons into camden, philly, new york, new haven, that flow of weapons into these streets, many of them coming to the south where they have secondary markets that are thriving, they would stop and dry up. so on the local level, this is what mayors get so frustrated about. we are pouring incredible amounts of money, almost my entire property tax base, forget about the rest of government, is being used for public safety purposes. more police, more cameras. i'm doing everything right now, i've got a woman with a caliber, she were melting down seized weapons and selling them as jewelry in order to get money for more gun buy backs. you name it, id am trying it. but without state and federal laws changes, many mayors are fighting an uphill battle and won't be able to stop the levels of violence in america to the extent that we want. this is a moment and it needs leadership to seize it at every level of government. >> you hooked me up with a link. >> caliber is the name of it. >> it just hit me. right there. >> a good percentage of the profits are going to gun buy back programs in my city. mar
. >>> it is 18 minutes past the hour. time for your early reads, in the "new york times," merry christmas iphone nation. google maps is back and possibly better than ever. the app is available for download with turn by turn navigation, bus and walking directions are back, along with street view. if you remember, apple replaced google maps with its own version of the app. the new software was slammed by users for warped 3-d effects and misplacing landmarks. the review in the "new york times" of the new app is fantastic. >> now you won't get lost. >> now to "usa today" and the arizona republic, they are writing about this new way drug smugglers are trying to get marijuana into the u.s. by t-shirt launcher. you know those pressurized cannons used to launch t-shirts and other things at sporting events? u.s. border control agents say they found 33 cans filled with pot on the mexican side of arizona. they were launched 500 feet over the border fence. the pot is estimated to be worth $43,000. i wonder if the new laws legalizing marijuana will reduce the creativity in smuggling? >> i imagine so. >>
delays there. in vegas, miami and new york, minor to no delays whatsoever. that's the good news. very quickly, let's talk about the east coast. so far, so good. scattered showers on parts of the coast, but new york city expecting a high of 45 today. mostly sunny in the ohio valley, into parts of the northeast. still scattered showers in parts of south florida getting very close to the record, the yearly record of rainfall in miami. as we wrap it up, from fargo and on the other side of the river, expect snow showers. still balmy, beautiful showers in dallas. mostly sunny and 65. back to you. >> reynolds, thanks so much. thanks for flag along. >> you bet, guys. >>> americans want action when it comes to the fiscal cliff. john, you'll give us some of the highlights, but with what we've told them about what will happen if we go over, i guess we shouldn't be too shocked that they don't want to go over. we've basically said there could be a recession, there could be millions of job losses and everything else. so i guess we probably shouldn't be surprised by that. >> no, we shouldn't. they'v
to new york next, you may want to just chat with roger. i just say what i have suggested and that we've discussed is next time you go to new york you're going to stop by and see him? >> yeah. i'd be happy. i haven't seen him in awhile. he's a brilliant guy. >> he's simply brilliant. >> he is. tell him if i ever ran, but i won't. but if i ever ran, i'd take him up on his offer. e he said he would quit fox. and bankroll it. >>. bankroll it. or maybe i'm confusing that with rupert. >> i know roger he's done okay. but no, i think the one who's bankrolling it is the big boss. >> okay. the big boss is bankrolling it it. roger's going to run it. and the rest of us are going to be your in-house. >> never going to happen. >> my wife would divorce me. and i love my wife. >> tell her it's a beautiful house. >> we have a beautiful house. >> i know. that's the happiest marriage. >> keep your mitts off my dressing room. >> my husband and i have had a very long and happy relationship because we have completely separate bathrooms. >> that's the ticket. >> that is how the tape ends. that recording wa
earhardt hit the streets of new york city to see what people thought of this advertisement. take a look. >> reporter: ladies, could i ask your reaction about this billboard? do you see this? can says, keep the merry but dump the myth. it's a picture of jesus. what do you think. >> i don't like it. >> reporter: why not? >> why is it easier to believe in a man in a fuzzy red suit than that christ lived and was born 2,000 years ago? >> jesus is the reason for the season. >> that's really crazy. i mean, wasn't sant at myth? >> i don't like it. >> reporter: why don't you like it? >> because i think christmas is... christ. >> reporter: does that upset you? >> yes. >> reporter: why? >> that's what it is all about, it's about jesus. >> reporter: it means keep the merry, keep sant abut du. myth. they are calling christ a myth. >> that's where it all started. santa claus came after christ. >> no, no, no. >> we serve a living god. that's his son of he walked this earth. >> you know, christmas, the whole holiday season is because of christ. >> the billboard is unfortunately, it's inflammatory, it d
and taxpayers alike. sue herrera down on the floor of the new york exchange. sue. >> it's 12 days to go until america goes off that fiscal cliff. both sides, as you just mentioned, are still sniping at each other. that's one of the reasons why the dow is down slightly. president obama said he would veto the house republican plan b tax proposal designed to avert january 1st tax hikes. the house speaker, mr. boehner, responded by saying that that was irrational and bizarre. john harwood is at the white house to sort out all the latest. yesterday, john, they thought they were getting real close to a deal. it certainly doesn't sound that way today. >> sue, it does appear that they've hit a deadlock in negotiations. you saw the president in a fascinating news conference that he just had in the white house briefing room try to leverage the emotional power of the tragedy in newtown, connecticut, to try to put the pressure on republicans. he talked about them taking off their partisan war paint. he said he'd more than met them halfway in terms of spending cuts that he's offered, coming up in the inco
the future mayor of new york has been encouraging hillary clinton to run for his office in 2011. the mayor thinks the big gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all, is it a step up? endo mayor of new york is a big deal. >> they do say the standard line is that the second most important difficult job in the country is the mayor f new york city. that may or may not be true. hillary clinton would consider this. step down. >> is too mall a stage for her. she's been on the global stage. >> only one person will convince hillary clinton to go back into the public world. that is her husband, bill clinton. and i am on the side that says i don't even think she wants to do much cells after secretary of state. she has been around for awhile, taken a lot of heat. i thiik that she probably might want to just enjoy her life. >> for four years and then run. >> i took the 42nd street exit ramp and there was a huge pot hole. the first name that came to mind was not made clinton should fix this. of the shoe want to deal with all the municipal issues
the economics of all of we know that stes are trugling and maybe do the connecticut and colorado and new york and tennessee and massachusetts. they are not exactly fiscally healthy states. is this the right move to do next year? >> it is the right move. there is foundation money and other of assistance that make it possible. why are they trying to do this? state budgets and they are cutting out arts and physical education and tchers are spending so much time to standardized test they don't center curricula anymore . during the summer when they are out and winter breakings. they are extended losses of learning that put them further behind and makes the rest of the school time not productive is it a good idea and it is it hard to implement and a good idea designed to meet real challenges. >> this is it bananas and so crazy. first of all. kids are not robots. they need breaks for a reason. they focus this long and be on a full work dape at five years old and get rid of 10 pure and get merit pay and keeping them in longer. i am so my kids have fantastic teachers and there are stow many roton ones
. >> announcer: tomorrow, "squawk box" exclusive coverage of the "new york times" conference. investing, the economy and the looming fiscal cliff. jpmorgan chairman ceo jamie dimon. carlyle group cofounder david rubenstein and a lot more. and it all starts tomorrow at 6:00 a.m. eastern on "squawk box." [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to squawk. happy monday. today in the "wall street journal" suggesting netflix could end up doomed with its success with children. netflix just for kids get more popular. companies like viacom get accurate. companies provide netflix with most of its content in a ki
of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks? >> it was just false fees. one piece of paper. >> and who ended up lining the pockets here? >> the money went to the cayman islands. so we'll a never know the truth. part of it was just to try to use off balance sheet vehicles to write them down. >> this former ceo, has he got cayman island accounts? >> i don't think there's any evidence of personal gain. no evidence of that. but last month in japan -- >> who was the owner of cayman island accounts? >> we'll never know all the truth. we'll never know all the truth unfortunately. but the whole board had to stand down last year. the local boa first time in the history of the knee nikkei. >>> nmichael, thanks for joinin us. when we come back, we'll go to chairs. and then in the next hour, you know the slogan. don't mess with texas. the state's governor is in the squawk green room and he's our guest host. rick perry will tell us why companies want to do miss businn th
, for the markets? i mean, we would never see the new york stock exchange and the i.c.e. wouldn't get together. we couldn't get that fine from ubs. >> how about the big options to live for? >> there may be some stuff. this may be the christmas week to be here. >> it may end up back here at some point. >> you really think so? >> we made it -- >> but i'm not sure. >> we mentioned where the fiscal cliff was only slightly below the end of the world in terms of seriousness, haven't we? and now that we've made it past that, we're going to focus. and then you have the debt ceiling. >> that would be funny. >> this whole thing gets pushed up to the debt ceiling. >> john can talk about this incredible ground swell in the country for everything that the president wanted, even though we know what this coalition was sort of cobbled together. and we know there was a great campaign that he ran. >> i know. but the way we set these things up is you have to have a referendum on these things. >> but you need both houses. that's a law. and these guys are willing. they'll fall on the floor. >> i don't know that anybod
projects still getting money, cut those and help the people in new york and new jersey instead. neil: even leaving that issue aside, make better accountability. if we had the inspector general for t.a.r.p. keeping track of how it was supposed to be a bank rescue pile of money that was a solar projects and what have you, who is keeping track of it? it gets back to the issue, we discussed it before, americans have big hearts, want to help people when they are in trouble, but we adopt want to see money pissed away in the process not getting to the people we reached out there. >> it's deeper than that; right? if money is flying around from the federal government, people assume work's getting done distracting from recovery efforts if you throw money out the door to smithsonian and people claiming they need landscaping wherever. this is an idea we're paying for what we et, and we are not. if we have to help people recovering from disaster, we have to be serious about going it rather than allowing it to be a slush fund which is what is set up to do. neil: up to eight-something billion of this mon
of the hour, everybody. nicole petallides on the floor of the new york stock exchange. nicole: would we got our jobs numbers, we saw the futures go from negative territory into positive territory. we aren't out of 33 points on the dow jones industrial. the nasdaq is lower. connell: there were 146,000 jobs added in the month of november. breaking news from washington. the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then cuts. and indefinite, infinite increase on the debt limit forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for as far as the eye can
is standing by on the new york stock exchange. nicole: you are seeing back-and-forth action on the dow jones industrials. they do seem to like it because basically it is the fed putting everything on a silver platter here and is giving it to the world and printing more and find more. it is doing that for an extended period. the people on wall street are saying what are they trying it to unemployment rates you saw the market selloff and now regain its footing. you do the qe forever. gold will be something that we should take a look at. the dollar is something that we have watched slipping away. it is continuing to do that. we have seen things and drugs doing well. the dow jones industrials are up they have of a percent for the sixth day in a row. people were thinking that the fed would have a very accommodative sense. one of the things that we should look at is the market is very reactionary. the truth of the matter is they are not pulling anything and they are not raising rates anytime soon because the economy is not sustainable on its own. while you are seeing some minor improvements here a
: nicole 5 on the new york stock exchange. nicole: this is unbelievable. we continue to get the headlines out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentially a $1.3 trillion in new revenues for only $853 billion in net spending reductions that is not balanced in my opinion. rich: there are substantial differences. the speaker is willing to allow a rate hike o
in the first three quarters this year. california and new york, numbers one and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory factor, author of can the bestseller, "shadow boxes: government nioos control america and rob taxpayers blind." we are delighted to have you with us. let's turn first, if i may, to the president telling autoworkers that right-to work-laws don't have anything to do with economics, they have everything to do with politics. your reaction? >> that's absolutely absurd. i mean, just look at the economics. a business employment growth, if you look at the right-to-work states, they're up two points plus. if you look at the forced unionism states over the past decade, their employment growth is down three points or more. lou: we've got a graphic of that, and i'd like to put that up to just show everyone the percentage growth in i want to @all non-farm, private sector payrolls or business employment, if you will. there in right-to-work states, as we take a look
remember that disco is few years ago in new york where the guy was thrown out. he went and got gasoline and matches and managed to kill all those people without even entering the place. all these solutions make sense. but you can never fully defend yourself against a madman. >> do we know where the mother was killed, at the home in newtown or at the school? >> no. someone was killed at that home. there are two crime scenes in newtown. the first thing i saw when i put on the television, a woman saying, i can't believe it happened here. again, it's mental illness. i would imagine there's more guns in the inner city than in newtown. it's not a case of that. we have to somehow have a way of finding these people, identifying these people and preventing this. >> and yet as we all know we don't want to -- there is a very high incidence of mental illness, very small incidence relative fo tto the amount of ml illness of these kinds of hideous events. how do we not stigmatize people who will never, ever commit or come close to committing a crime like that? these really are -- >> multiply point ab
and it encourageses, look what is happening in new york and new jersey, politicians are using that as an excuse to get as much money as they can. politicians in washington are turning if into a christmas tree, of pork-barrel spending. melissa: no you're the grin much say forget. brian what do you say? >> well i would agree with that. you know the fema budget was 3 dal billion in the year 2000. this year it will be over $13 billion. at its peak it was 20 one after katrina. it has become a slush fund for local and state governments in a way for the federal government to redistribute monies to areas that are hit but in politically favored way. >> kirsten, do you want to save anyone's christmas on this list or we're throwing them all into the fire? >> like i said. i don't see them as bailouts. i see them as money spent the government has to honor. they can't just not pay debts that have been incurred in their name. once, the money has been spent. it is just like the debt ceiling. people say don't raise the debt ceiling. sorry the money is already spent. melissa: would you bail them out and shut them down
the world. jonathan hunt has more on that from the united nations here in new york. jonathan, quite a debate about the asylum question for assad. and the question is the question is whether president bashar assad has taken the final decision to as he once said live and die in syria. if he does die, it's most likely to be, of course, at the hands of the rebels when they make their final push into the center of damascus, a push which most experts believe is coming. all whether president assad might now be willing to or trying to seek asylum in some friendly country. that would probably boil down to cuba, ecuador venezuela or russia. u.n. secretary general was asked about the asylum question today he did not seem to favor the idea. listen. >> the united nations must not allow any impunity whoever commits gross violation of human rights must be held accountable and should be brought to justice. >> that sentiment was echoed by officials at the u.s. state department who said there has to be, quote: accountability. the counter argument to that is that perhaps anything that gets assad out of syria
on the new york exchange. today's rally and yesterday's, inspired by confidence that a deal is now within reach. tonight, we'll explore the progress that has been made, and with the help of experts and insiders, we'll try to figure out what a deal, if there is to be one, might look like. by the way, just 13 days to the edge of ciff, and then over. arms services and judiciary committee member, congressman randy forbes joins us on the politicsf it all and the impact of sequestering if not ascended. deutsche bank managing districter on the market reaction and economic impacts, and lieutenant colonel dave ossman joining us to talk about the impact of violent images on our youth and whether we should be focusing on the power of mass media, television, movies, video games, all of that coming up here tonight. for more details on the future of speaker boehner's plan b and whether to expect a plan c to be in the offing, ed henry with the report. >> reporter: speaker john boehner says while he's not cutting negotiations on a major deal with president obama, it's me for a backup plan. our plan b wou
. amazing organization. they are from long island, new york. if you like to help people like sergeant tavera you can go to building homes for heros.org. and coming up next we will take you to afghanistan to see how those that are fighting overseas stay connected with ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus
. the rockefeller tree in new york city is 9th tallest, only the 9th at 74 feet and it is big. it is big. we'll be [ male announcer ] at scottrade, we believe the more younow, the betteyou trade. so we have ongoing webinars and interactive learnin plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. i took my son fishing every year. we had a great spot, not easy to fd, but worth it. but with copd making it hard to brehe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function startin
to "the closing bell." i'm maria bartiromo at the new york stock exchange. good rally under way on hopes of a compromise on the fiscal cliff stalemate in washington. eamon javers standing by in a moment with information on a bipartisan letter from lawmakers that's. putting tax hikes and entitlement cuts firmly on the table. >> i'm bill griffeth. let's show you, and the charts tell the day's story, as it usually does. can you get when the president began speaking at business round table and we learned that at least 40 house republicans are breaking ranks to talk about anything, all possibilities as they said in an open letter. right now the dow is up 110, near the highs of the day. 13,062.59. the nasdaq is going the other direction. blame apple and overall technology having a tough day. down 13 points right now on the nasdaq at 2982. the s&p is holding with a gain of about five points. we'll have more on the markets in a moment. first, let's get to what's going on in washington. more republicans breaking ranks to join what we hope will be a bipartisan call for higher tax rates and entitle
of different possibilities. >> just when you think -- the year i was born, 1967 in new york, gay people were not allowed to congregate together. you were not allowed to be in the same bar dancing together. i mean, how far things have come so quickly. >> and, you know, 1967 was also the decision in loving versus virginia. that was the famous case that said interracial marriage could not be banned by states. today that looks like -- can you imagine a state that would ban interracial marriage? but 19 states still had that law in 1967. this, gay rights supporters have said, this is the loving versus virginia of gay rights. we'll see. you know, i don't know what the outcome will be. the fact they took both of these cases suggests they are really ready to engage with the issue. it sure looks like they are, the four democratic -- the four democratic members of the court will vote to allow -- to overturn doma, to allow california to have same-sex marriages. i think anthony kennedy, as is often the case, will be the swing vote. >> jeff toobin, thanks very much. >>> tragedy after a prank call makes he
about my book "jack kennedy, elusive hero." big crowd tonight. it's on "the new york times" best-seller list. it's an incredible book for the season because it's a great american story about hope. boy, do we need that. it will take you to a different time, a different man. if you're like me, you will love it, that time. we'll be right back. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on
. the rockefeller tree in new york city is 9th tallest, only the 9th a 74 feet and it is big. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male annocer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. gerri: the white house and congress fight over cutting spenng, the white house to celebrate the holiday season with 54 christmas trees. does the white house need that many? here is what some of you are tweeting me. no way. how wasteful. mark has a different response. as long as they keep telling them christmas trees and 54 is fine. we also asked on . 3 percent said yes, and 97 percent said no. be sure to log n for our on-line question every weekday. here are some of your e-mails. any cat has to start at the top. the agency's, the salari of all government employees. more of a leg to stand on about fairness andaxing the rich. if our politicians would give up their entitlements we would save the country billions and not have
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